Tag: Natural gas

Monday at the Capitol: Legislation would rename the state’s ‘worst-named agency’

It’s been said that the Texas Railroad Commission is the worst-named agency in the state. And that’s not according to an agency detractor, but from a former chairperson. The Texas Railroad Commission has absolutely no authority over railroads. Surveys have shown wide confusion about its responsibilities. But Texas home and business owners – whether they know it […]  More »

Texas chemical company eyes another in-state methanol unit

Building a methanol unit at the plant in Bishop near Corpus Christi would be the latest move by the Dallas-based chemical company to capitalize on an abundance of cheap U.S. shale gas.  More »

Monday at the Capitol: Important Gas Consumer Legislation

Of the thousands of bills filed so far in Austin, perhaps none would more benefit gas utility customers than House Bill 2988 and House Bill 3749. If adopted, either of these bills would help ensure that consumers continue having a strong voice at the agency that oversees home gas rates. Both bills will be considered in […]  More »

Enterprise completes Houston Ship Channel terminal expansion

Enterprise Products Partners completed the first phase of its LPG export terminal expansion, allowing the company to ship more supercooled propane to buyers overseas.  More »

Houston-based oil and natural gas developer sells Utica stake for $575 million

EV Energy Partners will sell its 21 percent stake in a system of natural gas gathering and compression facilities in eastern Ohio for $575 million, it announced Monday morning.  More »

Natural gas prices rise on larger-than-expected withdraw

Natural gas inventories fell by 18 billion cubic feet to 1.46 trillion cubic feet for the week ending Friday, March 27.  More »

A pipeline developer is suing 103 West Virginia property owners to get access to their lands

Mountain Valley Pipeline LLC’s lawsuit seeks access to the properties to conduct a survey for a possible pipeline route.  More »

Methane leaks from city pipes have dropped sharply, study finds

The research suggests that advancements in equipment and better maintenance are helping drive down emissions of the potent heat-trapping gas.  More »

Exxon Mobil starts production at its new deepwater project in the Gulf

Total production of the project is expected to reach about 300 million cubic feet of gas and 3,000 barrels of liquids per day from two wells.  More »

Russia’s natural gas giant is cutting its dividend after seeing its profits tank

The massive drop in profits may translate into a payout of about 2 rubles a share, compared with 7.2 rubles a year earlier.  More »

FERC directs Texas pipeline company to investigate alternatives

The city of Green has proposed moving about 103 miles of the Nexus pipeline away from southern Summit County and northern Stark County into southern Stark and Wayne counties, then western Wayne, Medina and Lorain counties.  More »

India said to mull lowering natural gas price 10 percent as energy costs plunge

The government continues to work on a plan to allow a premium for gas produced from deep-water fields, the official said.  More »

Energy Department study: Shale won’t last, Arctic drilling needed now

In order for the U.S. to keep domestic production high and imports low, oil companies should start probing the Artic now because it takes 10 to 30 years of preparation and drilling to bring oil to market, according to a draft of the study’s executive summary obtained by the Associated Press.  More »

Cyprus draws Norway parallel after latest gas quest failure

President Nicos Anastasiades told reporters Thursday he’s not disheartened by the failure of an Italian-South Korean consortium to find commercially viable amounts of gas during exploratory drilling in an area off Cyprus’ southern coast.  More »

Natural gas inventory build sends prices plummeting

The Energy Department reported that natural gas in U.S. storage rose by 12 billion cubic feet to 1.48 trillion cubic feet.  More »
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